Ideas about inventory turnover | Selling

chicweb · 2025-04-15T15:36:46.368000Z

It's been a year and a half that I started this ebay adventure. I'm really liking it. In fact, I'm enjoying more and more every day. Now it's time to think about strategies for inventory turnover. I have a lot of inventory to still add. I bought a lot and adding new items every day. I'm starting to test some strategies for items not selling. One of it is to have a discount structure in place (If item more than 6 months not sold = % discount. 12 months = More discount. and so on). Many Pros for this:1. It allows me to fix a price I want for my item.2. With time, the price will lower, reaching the perfect price to attract a customer if I priced it too high by mistake (or greed? ;)).3. It allows me to get rid of old inventory and optimize the price. Having things moving and getting out. Many Cons:1. Some items might sell better at specific time of the year. With this technique, I'm not optimizing fully.2. Some more rare items might take time to sell because of less interested buyers. Could be losing potential money.3. At some point, it will not be profitable (except maybe for eBay algorythm aka taking a loss to bring more sales). Some things to think about:1. Some people might notice and wait a few months before buying. But, its still risky (someone might want it at the current price).2. After a certain point, another strategy might be used. If its not selling at all... Getting rid of the item (donation = complete lost), bundling in lot (might be interesting), restart the item completely (sometime, it pushes the algorithm to show this item more). Do you have any strategies in place? Thinking about one? How do you deal with your old inventory?

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Ideas about inventory turnover | Selling | eBay Canada EN